Quarterly explorers round-up – what’s been happening in the small cap space?

A review of the key achievements by mineral and energy small cap explorers in the September quarter. It was a busy September quarter in the small cap resource and energy spaces, with some major discoveries and project milestones achieved amid a strong outlook for most commodities.

With rapidly rising inflation and volatile markets, the junior gold space continued to shine. Gold

Gold explorers making headlines in the September quarter included: Kin Mining (ASX: KIN)

Kin Mining boosted the resource for its flagship Cardinia gold project in Western Australia’s Leonora district during the period.Cardinia now has a resource of 34.5Mt at 1.27g/t gold for 1.41Moz.This represented a 10% increase in contained ounces on the previous resource released in September 2021.The company also managed to top up its cash reserves with a $13.7 million capital raising during the period to fund ongoing exploration and development of the project.Kin managing director Andrew Munckton […]

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